Top 1% San Francisco Real Estate Agents
Median sales prices in October and November jumped back up to levels similar to the spring peak selling season. It’s important to remember that median prices are not a perfect reflection of changes in fair market value: They often fluctuate due to seasonal inventory and buyer-profile trends, as well as issues such as an influx…
San Francisco led the Bay Area and the nation when its real estate recovery began in early 2012. Within the city itself, the more affluent neighborhoods led the rebound from the 2008 – 2011 recession and saw the highest rates of home price appreciation. That dynamic began to shift in 2014, when the more affordable…
The autumn selling season started with a large surge of new listings right after Labor Day, but it will be another month or so before preliminary statistical data is available on home sales negotiated since then. However, it is clear that the recent volatility in national and international financial markets has not so far caused…
Real estate markets are essentially determined by the balance – or imbalance, as is often the case – between buyer demand and seller supply of homes to purchase. Underlying that dynamic are economic, political and demographic factors – some local, some not – such as population growth, employment, new home construction, high-tech booms, consumer confidence,…
Bay Area Appreciation Rates since 2011 Combined House & Condo Median Sales Prices Besides the general economic recovery, there are other factors in different counties affecting home price increases over the past 4 years: 1) the huge decline in distressed property sales in those counties severely affected during the downturn (such as Solano, Contra Costa…
Escalating Home Prices; Fierce Overbidding; Luxury Home Sales; Interest Rates; Employment Trends; Biggest Home Sales of 2015 YTD June 2015 San Francisco Real Estate Report by Paragon Real Estate Group 4 Angles on San Francisco Home Price Appreciation Short-Term Trend Line: Since the Recovery Began in 2012 Longer-Term Trends: 1993 – 2015 Neighborhood Appreciation Snapshots…
Median Sales Prices; Luxury Home Sales; Housing Affordability Index; Home Values by Neighborhood; Investment Real Estate; New Development Median House & Condo Sales Prices As the 2015 market has accelerated, median home sales prices have been hitting new highs in neighborhoods across San Francisco. Link to San Francisco Neighborhood Map Home Price Appreciation The chart…
In this report, we will define luxury homes in San Francisco as houses, condos, co-ops and TICs selling for $2,000,000 or more. Homes selling in this price range currently make up a little more than 10% of the SF residential market; those selling for $5,000,000 and above constitute about 1% of the city’s home sales….
San Francisco Home Value Appreciation The chart above illustrates the continued march upward of median home sales prices in San Francisco. However, if we separate out house from condo sales, an interesting trend appears: The median house sales price basically stayed flat from Q4 2014 to Q1 2015, but the median condo sales price jumped…
Across the Bay Area, how many listings sell without price reductions, how quickly do they sell, and at what percentage of asking price? What role does employment play in the real estate market? Which are the biggest and smallest county markets, and how do prices and rents compare? The white-hot – some would say overheated…
Overbidding & Inventory; Bay Area Home Price Map; Renting vs. Buying; Different Markets = Different Bubbles, Crashes & Recoveries Preliminary statistics and, even more so, indications on the ground in the current hurly burly of deal-making are sending strong signals of another very competitive real estate market in San Francisco as we approach spring. If…
Median Sales Prices, Neighborhood Values, Seasonality & Demand, Condo Construction, New SF “Airbnb” Law, Appreciation vs. Inflation February 2015, Paragon Real Estate Group The market just begins to wake up in January, so its statistics are not particularly illuminating. The last 3 springs in San Francisco saw frenzied markets, which took its home values to…
San Francisco Real Estate Cycles, 1984 – 2014 The 2 charts above look at the last 30 years of real estate cycles, and also compare percentage appreciation during the first 3 years of recent market recoveries (the light blue columns in the 2nd chart). Appreciation since 2012 has occurred somewhat faster than the other recoveries…
Penthouses, Probates, Lofts, Mansions & Fixer-Uppers What San Francisco Home-Buyers Bought in 2014 How many San Francisco home sales were… Victorians, Edwardians or Art Deco? Condos in doorman buildings? Artist live-work lofts? Probate or bank sales? Without parking? Under $500,000? Over $5 million? Tenant occupied? Had Golden Gate or Bay Bridge views? What were the…
Which Neighborhoods Have Appreciated Most and Why? 4th Quarter 2014, Paragon Special Report ——————————————————————— Percentage Appreciation Rates 2010/2011 – Present This analysis is based upon review of both median sales price and average dollar-per-square-foot data. However, there is no San Francisco or Noe Valley median or average home that one can use as the unchanging…
